Horizons Payroll Schedule

Below a summary of the monthly payroll schedule at Horizons.

Date	Action
5th of the month	Bonuses, commissions, expenses, etc. to be uploaded & approved on the Horizons platform
2nd week of the month	Invoices issued by Horizons billing department
20th of the month	Invoices paid to Horizons
Last working day of the month*	Employee's salary paid to their preferred bank account

Below a more detailed overview of the payroll schedule:

Cut-off date for additional remuneration, e.g., business expenses, commissions, bonuses, is close of business (COB) by the 5th of each working month, or closest working day if the 5th falls on a weekend.
Invoices are prepared by our billing team and issued to our clients generally from the second week of each month.
The payment terms can be found in section 4 of our General Terms & Conditions. Unless specified otherwise in your signed Services Agreement with Horizons, invoices need to be paid by the 20th of each month, or closest working day. Please note that any delay in the payment of the invoices could result in a delay of the salary payment to your employee(s).
*Employee salary pay-day is outlined in the employee's signed employment contract and unless specified otherwise, is the last working day of each month.

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